The main event yesterday was the ECB meeting, but little news came out of Frankfurt, notes the research team at Danske Bank. Key Quotes “Neither the press release nor the press conference 6 which, to our knowledge, was the shortest press conference in ECB history, with reporters having no further questions after 25 minutes of questions 6 contained much news.” “Consequently, Mario Draghi unsurprisingly kept his pledge to keep rates unchanged ‘at least through the summer of 2019’. There were also no new signals on the reinvestments about which Draghi said ‘they didnt discuss’.” “This means that we do not have more colour on the idea of smoothing the reinvestments. But Draghi underlined that the capital key is still the guiding principle. Hence, there was no support for media speculation that in the future, we could see bigger reinvestments in high debt countries at the expense of low debt countries.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Sweden: Retail sales to post moderate gain in June of 0.3% – TDS FX Street 5 years The main event yesterday was the ECB meeting, but little news came out of Frankfurt, notes the research team at Danske Bank. Key Quotes "Neither the press release nor the press conference 6 which, to our knowledge, was the shortest press conference in ECB history, with reporters having no further questions after 25 minutes of questions 6 contained much news." "Consequently, Mario Draghi unsurprisingly kept his pledge to keep rates unchanged 'at least through the summer of 2019'. There were also no new signals on the reinvestments about which Draghi said 'they didnt discuss'." "This means that we do not… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
